Current Price

$307,634

1 Month Forecast

â–² $352,694

1-Year Forecast *

â–² $391,293

5-Year Forecast *

â–² $458,492

"Is it a good time to buy homes in Hot Springs?" "Does investing in real estate in Hot Springs (South Dakota State, Fall River County) worth it?" According to our live Forecast System, buying a house in Hot Springs is a very good short-term (1-year) investment*. The Hot Springs average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Hot Springs" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Hot Springs in South Dakota State, Fall River County. If you are looking for homes for sale with good flipping profit, Hot Springs can be a profitable property investment option. The median price of an average house in Hot Springs was 307,634 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Hot Springs" area is 458,492 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +49.04% meaning that investing 100000 USD today may yield a profit of 49,038 USD by 2031.

Current Median Listing Price: 307,634 USD Median Listing Price Per Square Foot: 171 USD

Hot Springs Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Hot Springs (South Dakota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Hot Springs Price Target

Hot Springs median home price target in 12 months: $391,293* (upside of 27.2%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $339,667 $349,291 $339,667 $349,663
2024 $295,248 $307,634 $295,248 $307,634
2023 $300,538 $296,235 $295,261 $300,538
2022 $280,135 $303,110 $280,135 $307,904
2021 $226,625 $275,411 $226,625 $275,411
2020 $196,967 $222,446 $196,967 $222,446
2019 $180,159 $194,643 $180,159 $194,643
2018 $169,658 $180,077 $169,658 $180,077
2017 $162,249 $168,484 $162,249 $168,484
2016 $165,903 $162,274 $162,242 $167,474
2015 $0 $164,535 $0 $164,535
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Hot Springs Housing Market Forecast

How much does an average home cost in Hot Springs today?

The value of an average home (the listing price) in Hot Springs is $307,634 USD.

What is the average price per square foot in Hot Springs?

According to Walletinvestor the median price per square foot in Hot Springs is 171 USD.

Will the median listing price of homes in Hot Springs grow / rise / go up?

Yes. The Hot Springs home prices may rise from 307,634 USD to 391,293 USD in one year.

Is it profitable to invest in Hot Springs homes?

Yes. The long-term profit potential is +27.19% in one year.

Will Hot Springs house prices fall / drop?

No. See above.

What is the predicted price of a Hot Springs home in 2030?

The predicted home sales price of a Hot Springs home in 2030 in Hot Springs is 420,100 USD.

What is the predicted price of a Hot Springs home in 2035?

The predicted home sales price of a Hot Springs home in 2035 in Hot Springs is 535,729 USD.

Will real estate prices decrease in Hot Springs?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Hot Springs is the 7754. largest city in the United States, located in South Dakota State.

During the last 12 months the real estate prices in Fall River, Hot Springs decreased, looking at the past 12 months.

According to Walletinvestor's Hot Springs real estate market research, home values will increase in the next 12 months.

Median home values decreased by 10.185% to 307,634 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 25.934% in 2021
  • 28.514% in 2022
  • 29.014% in 2023
  • 27.504% in 2024
  • 26.284% in 2025
  • 26.064% in 2026

Based on our Hot Springs real estate market research and report the predicted sales prices will increase by 1,008.338% in the next 10 years.

Over the last 12 months, the value of homes in Hot Springs fluctuated: increasing 4 times and decreasing 1 times.

Hot Springs (South Dakota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Hot Springs Housing Market Forecast with Real Estate Prices for 2025
August 2025 352694 327300 378088
September 2025 356130 331557 380703
October 2025 359600 332630 386570
November 2025 363104 330787 395420
December 2025 366641 344276 389007
Hot Springs Housing Market Forecast with Real Estate Prices for 2026
January 2026 370214 346890 393537
February 2026 373821 352513 395129
March 2026 376775 357182 396367
April 2026 380075 344348 415802
May 2026 383778 358449 409107
June 2026 387517 353416 421619
July 2026 391293 355294 427292
August 2026 395105 369818 420392
September 2026 398955 361453 436457
October 2026 402842 366989 438695
November 2026 406767 380327 433207
December 2026 409315 381072 437558
Hot Springs Housing Market Forecast with Real Estate Prices for 2027
January 2027 409375 378262 440487
February 2027 407643 377885 437401
March 2027 406379 368180 444579
April 2027 405279 382989 427570
May 2027 403002 367941 438063
June 2027 400368 369539 431196
July 2027 397751 372295 423207
August 2027 396057 369918 422197
September 2027 396572 366432 426711
October 2027 398717 366421 431014
November 2027 398324 371636 425012
December 2027 396800 369024 424576
Hot Springs Housing Market Forecast with Real Estate Prices for 2028
January 2028 397098 374861 419336
February 2028 398357 376049 420665
March 2028 399278 376919 421638
April 2028 399268 374114 424421
May 2028 397364 361204 433524
June 2028 396040 360000 432079
July 2028 396364 374564 418165
August 2028 398488 361827 435149
September 2028 402131 380818 423444
October 2028 404583 382735 426430
November 2028 408525 378702 438347
December 2028 410628 387633 433623
Hot Springs Housing Market Forecast with Real Estate Prices for 2029
January 2029 411635 391053 432217
February 2029 411134 377421 444847
March 2029 411256 383702 438810
April 2029 411683 375043 448323
May 2029 412582 374624 450539
June 2029 416602 395772 437432
July 2029 420100 398255 441945
August 2029 423131 398589 447672
September 2029 425634 394563 456705
October 2029 427666 391314 464017
November 2029 428862 406990 450734
December 2029 428405 396703 460107
Hot Springs Housing Market Forecast with Real Estate Prices for 2030
January 2030 432579 404894 460265
February 2030 436794 409713 463875
March 2030 441050 414146 467954
April 2030 445347 408383 482311
May 2030 449686 409215 490158
June 2030 454068 429094 479041
July 2030 458492 431899 485084
August 2030 462115 428380 495849
September 2030 466162 433065 499260
October 2030 470704 438226 503183
November 2030 475290 446298 504283
December 2030 479921 454485 505357
Hot Springs Housing Market Forecast with Real Estate Prices for 2031
January 2031 484597 446799 522396
February 2031 489319 442833 535804
March 2031 494086 457030 531143
April 2031 498900 472957 524843
May 2031 502026 469394 534657
June 2031 502099 473479 530718
July 2031 499975 462477 537473
August 2031 498425 469516 527333
September 2031 497076 460789 533362
October 2031 494282 446831 541733
November 2031 491051 449312 532791
December 2031 487842 439058 536626
Hot Springs Housing Market Forecast with Real Estate Prices for 2032
January 2032 485765 438160 533370
February 2032 486396 457699 515093
March 2032 489028 451861 526194
April 2032 488545 459721 517369
May 2032 486675 458448 514903
June 2032 487041 457819 516264
July 2032 488585 461713 515457

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.